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McKesson CEO makes 943 times average workers' pay, wants Social Security cutMcKesson CEO makes 943 times average workers' pay, wants Social Security cut

Yay! I make 943 times what the average worker makes at McKesson!McKesson, the pharmaceutical distribution giant, pays its CEO John Hammergren 943 times what the average McKesson worker makes.That puts McKesson right behind Walmart when it comes to CE…

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Study: Modern managers mimic slave ownersStudy: Modern managers mimic slave owners

A Harvard historian discovered what many of us suspected: Today's corporations use many of the same management techniques plantation owners used on their slaves.The legacy of slavery can be seen in aloof corporate managers (McKesson's CEO John Hammer…

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Teamsters want gap exposed between worker, CEO payTeamsters want gap exposed between worker, CEO pay

Teamsters know firsthand what happens to workers when a CEO is allowed to loot his company: The workers get less when the CEO gets more.In the case of McKesson Corp., CEO John Hammergren was planning on taking home $51.7 million. Here's what he did t…

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Hammergren's high pay may explain workers' low pay Hammergren's high pay may explain workers' low pay

At last an explanation for how McKesson's CEO John Hammergren can rake in $51.7 million and pay workers so little they can't afford health care and pension contributions. He just doesn't care.A recent New York Times op-ed, Rich People Just Care Less,…

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McKesson workers more stressed than overpaid CEOMcKesson workers more stressed than overpaid CEO

John Hammergren might think he's worth the $51.7 million he takes home from McKesson, the health care company he heads. After all, he puts up with a lot of stress.He'd be wrong.Keith Payne in Scientific American recently described the kind of stress …

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SEC, finally, does something about insane CEO paySEC, finally, does something about insane CEO pay

You know something's out of whack when McKesson CEO John Hammergren rakes in $51.7 million even though the company has paid nearly a $1 billion to settle Medicaid and other fraud claims on his watch. While he’s entitled to a $159 million pension, o…

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Jaw-dropping pay package for McKesson's CEOJaw-dropping pay package for McKesson's CEO

John Hammergren makes so much money that his company, McKesson, pays him an extra $17,000 for a financial planner to count it all.McKesson workers don't earn enough to afford health care.Hammergren, McKesson's CEO, will be paid $51.7 million, over 84…

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Union investors demand resignation of McKesson compensation committee chairmanUnion investors demand resignation of McKesson compensation committee chairman

A union investment group affiliated with the Teamsters says the $159 million pension given to McKesson’s CEO is cause for the compensation committee chairman to resign.The Teamsters represent 1,500 McKesson warehouse workers across the U.S. and in Ca…

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Teamsters protest retaliation at McKesson todayTeamsters protest retaliation at McKesson today

Teamsters protest McKesson's retaliation against Florida warehouse workers. The Teamsters protest of McKesson Corp.'s retaliation against its Lakeland, Fla., warehouse workers is taking place right now during the company's annual shareholder meeting …

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